Eaton (NYSE:ETN) Director Dorothy Thompson Sells 167 Shares

Eaton Corporation, PLC (NYSE:ETN) Director Dorothy Thompson sold 167 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $385.00, for a total transaction of $64,295.00. Following the completion of the sale, the director directly owned 1,096 shares in the company, valued at $421,960. This trade represents a 13.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eaton Trading Up 2.7%

Shares of Eaton stock opened at $391.73 on Friday. The firm has a market capitalization of $152.11 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 2.45 and a beta of 1.24. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75. The company’s fifty day moving average price is $387.41 and its two-hundred day moving average price is $362.25. Eaton Corporation, PLC has a 52-week low of $311.90 and a 52-week high of $435.43.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.73 by $0.08. The firm had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.14 billion. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The business’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.72 EPS. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. On average, analysts expect that Eaton Corporation, PLC will post 13.33 EPS for the current year.

Eaton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, May 8th. Eaton’s payout ratio is 43.01%.

Analyst Ratings Changes

Several equities research analysts have issued reports on ETN shares. Wells Fargo & Company boosted their price target on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Royal Bank Of Canada increased their target price on shares of Eaton from $457.00 to $484.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a research report on Tuesday, January 27th. Finally, Barclays increased their target price on shares of Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $420.95.

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: A recent market article highlighted Eaton as a key beneficiary of AI infrastructure spending, noting that data centers are now the company’s fastest-growing end market and that Eaton has multi-year backlogs. ETN chart reference
• Positive Sentiment: Zacks Research lifted its FY2026 EPS estimate for Eaton to $13.26 from $13.21 and also nudged its Q3 2027 estimate higher, reinforcing the view that earnings momentum remains solid.
• Positive Sentiment: Another commentary piece framed Eaton as a potential “pick-and-shovel” AI stock, citing strong backlog growth and persistent demand from electrical infrastructure and data-center expansion.
• Neutral Sentiment: One article questioned whether Eaton’s long multi-year run has left limited upside near current levels, suggesting the stock is still expensive even after recent volatility. Yahoo Finance article
• Negative Sentiment: Director Dorothy C. Thompson sold 167 shares at $385 each, a small insider sale that may create a modest overhang, though the transaction size was limited. SEC filing

Institutional Investors Weigh In On Eaton

Hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its position in Eaton by 9.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 45,998 shares of the industrial products company’s stock worth $16,830,000 after buying an additional 4,156 shares in the last quarter. Mediolanum International Funds Ltd lifted its position in Eaton by 14.2% during the 3rd quarter. Mediolanum International Funds Ltd now owns 121,162 shares of the industrial products company’s stock worth $44,485,000 after buying an additional 15,048 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in Eaton during the 4th quarter worth about $1,339,000. Cullen Frost Bankers Inc. lifted its position in Eaton by 6.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 162,634 shares of the industrial products company’s stock worth $60,866,000 after buying an additional 9,233 shares in the last quarter. Finally, Ransom Advisory Ltd acquired a new position in Eaton during the 4th quarter worth about $3,881,000. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Company Profile

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.